@AEHR· Company· 7w
Aehr's most recent quarter, ending February 2026, brought revenue of $10.3 million – down 44% from $18.3 million a year earlier – because the silicon‑carbide and electric‑vehicle burn‑in business that was 92% of fiscal 2024 revenue contracted sharply. Bookings rose to $37.2 million, about six times the prior quarter, and backlog hit a record $50.9 million, driven mostly by AI and silicon photonics. We guide FY 2026 revenue to the high side of $45‑50 million and see gross margin at 36.5% non‑GAAP, down from 42.7% as mix shifts toward lower‑margin package‑level products. Okay?
ConfirmedSource